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Off market
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  • $67,400

    603 W 39th St, Savannah, GA 31415

    8beds
    2,700sqft
    Apartment
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $25/sqft
    $2,798 Estimated rent

    What's special

    Proximity: 2 miles from Enmarket Arena, surrounded by parks Property Details: Type: 4-Unit Apartment 2 Apartments upstairs, 2 downstairs each 2bd 1 bath Total sqft: 2,700sqft Lot size: 3,484 sqft Zoning: Commerical and Residential Full rehab needed Roof replaced 5 years ago Pricing Information: Asking price: 300,000 OBO Rehab estimate: $80k-100k wiggle room ARV (After Repair Value): $500,000-$600.000 Similar multifamily properties selling for $600.00-1.88 million ? Proof of Funds (POF) & Earnest Money Deposit (EMD): Required Potential Rent income: Monthly Rent (Per Unit) Cash Tenants:1,300*4units=$5,200/month Monthly Rent (per Unit) Section 8 Tenants: $1,584*4 units=$6,336/month x 12months=76,032=Annual Rent Rule: Asking Price is below 360,000 (based on 5,200 monthly rent)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Interior area
    • Total interior livable area: 2,700 sqft

    Property

    Features
    • Exterior features: Cement / Concrete
    Lot
    • Size: 3,484 sqft
    Details
    • Parcel number: 2007316017

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • Concrete Block
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Savannah
    Services availability